Crack down on black money

8226; All cash transactions of more than Rs 10 lakh, or its equivalent in foreign currency.

8226; All series of cash transactions integrally connected to each other which have been valued below Rs 10 lakh when they take place within one calendar month.

8226; All suspicious transactions whether or not made in cash.

8216;8216;It may be noted that these guidelines lay down the minimum requirements / disclosures to be made in respect of clients,8217;8217; Sebi said, adding that intermediaries may specify additional disclosures to be made by clients to address concerns of money laundering and suspicious transactions undertaken by clients.

The intermediaries were also advised to designate an officer as 8216;Principal Officer8217; who would be responsible for ensuring compliance.